^^^ FINALLY some answers, thanks CC. That makes a lot more sense than what the 2 sides were discussing a few weeks ago. This means GMMG is definitely gonna wanna trade Lou asap. It also means that there would effectively be no future penalty to a team like Florida (not a cap-max team).

It also means if Lou is traded tomorrow and retires in the summer of 2021

.... Canucks would have a cap-hit of $6,049,334 for Retired-Luongo in 2021-22!

coco_canuck wrote:Word is Philly is basically going to do this with Pronger until his deal expires.

Too bad Holmgren/Clarke make Burke llok like a genius when it come to evaluating goaltending talent.

Speaking of which, I saw a headline (NP?) where Carlyle believes he has NHL goaltending.

TSN showed a clip of him speaking. He did say they have NHL talent in net, but he fell short of saying how good he thought that NHL talent was. It sounded like a pat answer to a question but there was little conviction behind his words.

Hockey Widow wrote:10 years from now, maybe 8, we will have to deal with a new CBA. No one knows what it will look like. It may deal with some of these cap-recapture issues or may even allow more amnesty buy outs. If we have the risk of having to take on Luongo's cap or some portion of it in a trade then I think it will allow us to get a better return. After all most people say he is untradeable because of his contract so if you fix this then what obstacles are left.

No reason why we can't trade for his rights then send him to the AHL. Another point, if we trade for his rights back then the cap-recapture clause should not apply because we were the team that signed him no? All this is too much speculation anyway. If there is a penalty then MG will deal with that and factor it into any trade.

I respect what you have to say on this HW but this scenario really leaves me uncomfortable. Despite what the lou haters and even the lou lovers have to say, a solid #1 like Lou doesn't deserve to get buried in the minors like that; even under the scenario you outline. The Canucks created the albatros contract (though it pales to the stuff signed this summer by other players), if they need him gone then use one of their amnesty buy-outs this summer and let both parties walk away with their heads high.

Though I may be wrong, I believe doing anything less that (hockey trade or buyout) does more harm to Van and its brand then it does to Lou. Players gotta want to come here. Just sayin.

Hockey Widow wrote:10 years from now, maybe 8, we will have to deal with a new CBA. No one knows what it will look like. It may deal with some of these cap-recapture issues or may even allow more amnesty buy outs. If we have the risk of having to take on Luongo's cap or some portion of it in a trade then I think it will allow us to get a better return. After all most people say he is untradeable because of his contract so if you fix this then what obstacles are left.

No reason why we can't trade for his rights then send him to the AHL. Another point, if we trade for his rights back then the cap-recapture clause should not apply because we were the team that signed him no? All this is too much speculation anyway. If there is a penalty then MG will deal with that and factor it into any trade.

I respect what you have to say on this HW but this scenario really leaves me uncomfortable. Despite what the lou haters and even the lou lovers have to say, a solid #1 like Lou doesn't deserve to get buried in the minors like that; even under the scenario you outline. The Canucks created the albatros contract (though it pales to the stuff signed this summer by other players), if they need him gone then use one of their amnesty buy-outs this summer and let both parties walk away with their heads high.

Though I may be wrong, I believe doing anything less that (hockey trade or buyout) does more harm to Van and its brand then it does to Lou. Players gotta want to come here. Just sayin.

I think what she means is in 7-8 years when luongo is done as a NHL calibre player and ready to retire, the Canucks can trade for his rights back and assign him on paper to the the farm where he could "play" out his contract for the money as a player coach etc... or he could be placed on LTIR if he has a wonky knee or some other likely ailment that will be a career ender.

in other words if we are on the hook in this recapture thing. we at least have his rights back and can make what use we can.
as an aside I cant see what Luongo would have to bitch about. he signed the contract and it got paid out, no one really believed he would be a number one till he was 44 did they?

ukcanuck wrote:I think what she means is in 7-8 years when luongo is done as a NHL calibre player and ready to retire, the Canucks can trade for his rights back and assign him on paper to the the farm where he could "play" out his contract for the money as a player coach etc... or he could be placed on LTIR if he has a wonky knee or some other likely ailment that will be a career ender.

If he refuses to report to the farm that would also relieve the cap and suspend the contract right? How did it work with Niedermayer, he didn't report to the NHL team and got suspended, so he wasn't paid and he wasn't on the cap right?

Also, to blow the whole thing wide open, apparently nowPhilly is in the sweepstakes. A team with great prospects, but I gotta think we'd take a shitty contract back. I'd think Couturier would be Gillis' demand

I would bet Gillis is pushing for John Carlson like he did when shopping Hodgson.. Or if he is asking for a centre like many have speculated the Caps might have decided they don't have the organizational depth (just Backstrom and Johannsen after this season if I'm not mistaken) to make a serious push.

But then again maybe they are interested and are keeping a low profile. I'm sure that couldn't hurt their chances when dealing with Mike Gillis.